Chicago, IL, March 5, 2024 – The Monitor has named Mitsubishi HC Capital America one of the top ESG innovators in the equipment finance industry.

Each year, the Monitor highlights key equipment finance industry leaders in categories such as innovation, industry disruption, culture and reinvention. This year, for the first time, the publication is recognizing companies in the environmental, social, and corporate governance (ESG) space in its “Best Companies” issue.

The Monitor selected companies for their work in demonstrating a commitment to do more by striving to contribute positively to the environment or social causes, and by conducting themselves responsibly. The publication is honoring Mitsubishi HC Capital America for its ESG program goals and incorporation of sustainability into its financing work.

“Throughout our company, we understand that sustainability knows no borders, and affects all of us at every level,” says Stéphane Arsenault, senior vice president of sustainable development finance at Mitsubishi HC Capital America. “To be recognized for our commitment, our progress and our role in helping companies throughout North America reach their sustainability goals speaks to just how important this work is.”

Mitsubishi HC Capital America’s commitment to sustainability is executed through its Sustainable Development Group (SDG), which helps customers meet their sustainability goals. SDG team members are located across the United States and Canada, offering a combined, multi-national approach and skillset. Goals of the group are:

• Develop unique and progressive financing programs with consideration for the global environment
• Aim for sustainable growth through value co-creation with diverse stakeholders
• Foster an open, creative and engaging corporate culture

To achieve those goals, the SDG team is focusing on five key areas:

• Mobility: Electrification of fleets in the transportation sector
• Clean technology: Development and installation of renewable energy or energy-efficiency projects, or any technology that prevents, reduces or eliminates environmental impacts
• Digital manufacturing: Use of digital technologies in the manufacturing process to produce higher-quality goods and lower costs
• Climate-smart agriculture: Infrastructure to leverage advanced technology for tracking, monitoring, automating and analyzing farming operations
• Water and water treatment: Water reuse and reclaim technologies, green infrastructure, energy conservation

There is a massive need for multi-discipline experts to help companies in the transportation industry modify, create and implement business models that will support electrification of fleets, states John Critelli, director of Mitsubishi HC Capital America’s mobility team. “Equipment finance companies can play a major role in that process, and Mitsubishi HC Capital America has developed expertise in every aspect of electrification, and in financing every component, from charging infrastructure to project development and management.”

Businesses are not only increasingly focused on mobility, but also conservation, green infrastructure, and bioenergy projects to meet environmental, stakeholder, and efficiency goals. Many are working toward aggressive net-zero goals, with energy efficiency and energy resiliency at the forefront. To support these clean-technology efforts, Mitsubishi HC Capital America develops tailored financing solutions, particularly with project financing and As-a-Service (aaS) financing models.

Working with trusted industry partners, the company’s project financing solution incorporates a programmatic approach while aaS financing reduces – or eliminates – the need for up-front capital requirements, while supporting the buying needs of the end-user customer. Financing models that help drive responsible energy use include Technology-as-a-Service, Software-as-a-Service, Energy-as-a-Service, utility and variable billing and recurring-revenue programs.

“ESG is the next chapter in the equipment finance industry,” concludes Arsenault. “The demand is there. It’s up to our industry to lead the way in creating effective finance programs that will help businesses meet their goals.”

About Mitsubishi HC Capital America
Mitsubishi HC Capital America is a commercial finance company that has extensive capabilities throughout North America with its affiliate, Mitsubishi HC Capital Canada, combining a consultative approach and expansive digital platform to help organizations of all sizes accelerate growth. With $7.5 billion in assets and more than 800 employees, the company is the largest non-captive, non-bank commercial finance company in North America. Mitsubishi HC Capital America partners with equipment manufacturers, dealers and distributors, as well as end customers, in providing customized financial solutions, including transportation and commercial finance. Dedicated to improving the communities where it operates, the company is committed to the United Nations Sustainable Development Goals. Visit https://www.mhccna.com/en-us

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